The mortgage company will ask to see your stubs or previous statements. You can't just invent 2 years of income.

I don't follow. It is entirely legal to create your new company, as a sole proprietor, and then hire yourself to work for it. He hired himself for two years and paid himself x amount per month. He is paying taxes on this income, therefore it is all legal. If this weren't allowed there would be no small business owners.

The mortgage company will ask to see your stubs or previous statements. You can't just invent 2 years of income.

I don't follow. It is entirely legal to create your new company, as a sole proprietor, and then hire yourself to work for it. He hired himself for two years and paid himself x amount per month. He is paying taxes on this income, therefore it is all legal. If this weren't allowed there would be no small business owners.

Okay. We solved the issue for op then?

Do i get the 10k

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That should be 10 k's, but feel free to count it to make sure. PLEASE DON'T SCAM ME!

The mortgage company will ask to see your stubs or previous statements. You can't just invent 2 years of income.

I don't follow. It is entirely legal to create your new company, as a sole proprietor, and then hire yourself to work for it. He hired himself for two years and paid himself x amount per month. He is paying taxes on this income, therefore it is all legal. If this weren't allowed there would be no small business owners.

The mortgage company will ask to see your stubs or previous statements. You can't just invent 2 years of income.

I don't follow. It is entirely legal to create your new company, as a sole proprietor, and then hire yourself to work for it. He hired himself for two years and paid himself x amount per month. He is paying taxes on this income, therefore it is all legal. If this weren't allowed there would be no small business owners.

Yes, but you'd have to start now and pay yourself for two years. He wants a more immediate solution.